About Cyan Renewables
Cyan Renewables is a company based in Singapore (Singapore) founded in 2021. It operates as a Managed Services, and Professional Services. Cyan Renewables has raised $152.7 million across 2 funding rounds from investors including NSW and Kumpulan Wang Persaraan. Cyan Renewables has completed 2 acquisitions, including MMA Offshore and Sentinel Marine. Cyan Renewables offers products and services including Geosolutions, Installation & Construction, Operations & Maintenance, Environmental & Blue Economy, and Decommissioning. Cyan Renewables operates in a competitive market with competitors including Octopus Energy, ScottishPower, Orsted, EDP Renewables and ReNew, among others.
- Headquarter Singapore, Singapore
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$4.62 K0as on Dec 31, 2023
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Net Profit
$-2.96 K0as on Dec 31, 2023
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EBITDA
$-2.37 K0as on Dec 31, 2023
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Total Equity Funding
$152.7 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series D
Nov 18, 2024
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Investors
NSW
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
MMA Offshore
& 1 more
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Products & Services of Cyan Renewables
Cyan Renewables offers a comprehensive portfolio of products and services, including Geosolutions, Installation & Construction, Operations & Maintenance, Environmental & Blue Economy, and Decommissioning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Seabed conditions are assessed for optimal turbine locations.
Vessels are built for installing large wind turbines.
Wind farms are maintained for peak performance efficiency.
Emergency response vessels are used for environmental protection.
Decommissioning services are provided with environmental compliance ensured.
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Funding Insights of Cyan Renewables
Cyan Renewables has successfully raised a total of $152.7M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series D — $100.0M
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First Round
First Round
(01 Oct 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series D - Cyan Renewables | Valuation | NSW |
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| Oct, 2024 | Amount | Series C - Cyan Renewables | Valuation | Kumpulan Wang Persaraan |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cyan Renewables
Cyan Renewables has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include NSW and Kumpulan Wang Persaraan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Wealth fund management is overseen by the NSW government entity.
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Founded Year | Domain | Location | |
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Manages pension contributions, investments, and payments for public sector workers and employers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cyan Renewables
Cyan Renewables has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MMA Offshore and Sentinel Marine. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Marine services are provided to offshore and maritime sectors.
|
2007 | ||||
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Offshore support services provider to the oil & gas industry
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cyan Renewables
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cyan Renewables Comparisons
Competitors of Cyan Renewables
Cyan Renewables operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Octopus Energy, ScottishPower, Orsted, EDP Renewables and ReNew, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility bill management platform is provided for tracking and billing.
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| domain | founded_year | HQ Location |
Wind energy is generated, transmitted, and distributed by ScottishPower.
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| domain | founded_year | HQ Location |
Power generation via bioenergy, thermal, and wind sources is offered.
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| domain | founded_year | HQ Location |
Generation of wind power
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| domain | founded_year | HQ Location |
Utility-scale renewable energy generation and decarbonization solutions are provided.
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| domain | founded_year | HQ Location |
Operator of hydro, geothermal, wind, solar, and biogas power plants
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cyan Renewables
Frequently Asked Questions about Cyan Renewables
When was Cyan Renewables founded?
Cyan Renewables was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Cyan Renewables located?
Cyan Renewables is headquartered in Singapore, Singapore.
Is Cyan Renewables a funded company?
Cyan Renewables is a funded company, having raised a total of $152.7M across 2 funding rounds to date. The company's 1st funding round was a Series C of $52.7M, raised on Oct 01, 2024.
What is the annual revenue of Cyan Renewables?
Annual revenue of Cyan Renewables is $4.62K as on Dec 31, 2023.
What does Cyan Renewables do?
Cyan Renewables is involved in providing specialized vessel and subsea services for the offshore wind industry. Operations are focused on geosolutions, installation, construction, operations, maintenance, and decommissioning of wind farms. Services are extended across markets like offshore wind, transitional energy support, government, defense, coasts, ports, and reefs. A diverse fleet including walk-to-work vessels, service operation vessels, and emergency response vessels is maintained to support sustainable energy solutions globally, particularly in APAC and Europe.
Who are the top competitors of Cyan Renewables?
Cyan Renewables's top competitors include Octopus Energy, ScottishPower and EDP Renewables.
What products or services does Cyan Renewables offer?
Cyan Renewables offers Geosolutions, Installation & Construction, Operations & Maintenance, Environmental & Blue Economy, and Decommissioning.
How many acquisitions has Cyan Renewables made?
Cyan Renewables has made 2 acquisitions, including MMA Offshore, and Sentinel Marine.
Who are Cyan Renewables's investors?
Cyan Renewables has 2 investors. Key investors include NSW, and Kumpulan Wang Persaraan.